As traders, we constantly hear the phrase, “you have to be able to control your emotions to trade successfully”, or some derivation of that common theme. So what exactly is behind that statement? What emotions? How do we control them? What are these people talking about? It is a phrase we hear so often, it becomes this loose abstract concept with no clear rules, and at some level, easily ignored. While intellectually, most understand the importance of controlling emotions, once in a trade, the intellect and logic of a trader become altered. This is a very subtle, almost imperceptible shift in real time and the clear ... (full story)